Sökning: "Markov perfect equilibrium"

Hittade 2 avhandlingar innehållade orden Markov perfect equilibrium.

  1. 1. Essays on Macroeconomics and Political Economy

    Författare :Jinfeng Ge; John Hassler; Espen Moen; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Relative price; Bargaining; Incomplete contract; Ricardian model of labor market; directed search; Free-rider problem; Markov perfect equilibrium; Economics; nationalekonomi;

    Sammanfattning : This thesis consists of three self-contained essays dealing with different aspects of macroeconomics and political Economy.The Relative Price of Investment Goods and Sectoral Contract DependenceI develop a quantitative model to explain the relationship between TFPs at the aggregate and sector levels and contracting institutions across countries. LÄS MER

  2. 2. Essays on Dynamic Political Economy

    Författare :Zheng Song; Fabrizio Zilibotti; Jose Rodriguez Mora; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Dynamic Political Economy; Economics; Nationalekonomi;

    Sammanfattning : This thesis consists of three papers in dynamic political economy:"Ideology and the Determination of Public Policy Over Time" investigates how public policy responds to persistent ideological shocks in dynamic politico-economic equilibrium. We develop a tractable model to analyse the dynamic interactions among ideology, public policy and individuals' intertemporal choice. LÄS MER